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    Property profile & analytics

    405 Spencer St Bayboro, NC 28515

    • Retail properties
    • 1,200 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5080234
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail properties

    Property Details for 405 Spencer St

    Year built
    1978
    Lot size
    0.08 lot acres
    Property size
    1,200 SF
    Property type
    Retail properties
    APN
    H041-251-1
    APU
    H0412511

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bayboro
    County
    Pamlico
    State
    North Carolina
    Longitude
    -76.7641
    Latitude
    35.1445
    CBSA code
    35100
    CBSA name
    NEW BERN, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $233
    $4,290
    $19,906
    $24,196
    -
    $4,290
    $19,906
    $24,196

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
      $410,000
      2,400 SF

      3139 Bay City Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,400 SF
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    • Value Estimation by Request
      8,320 SF

      13881 Nc-55

      Individual retail properties • 8,320 SF
      13881 Nc-55, Bayboro, NC 28515
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    • Value Estimation by Request
      2,220 SF

      Nc 304th Hwy

      AUTO REPAIR, GARAGE • 2,220 SF
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      1,600 SF

      5224 Nc Hwy 304

      AUTO REPAIR, GARAGE • 1,600 SF
      5224 Nc Hwy 304, Bayboro, NC 28515
      View Details
    • Value Estimation
      $390,000
      6,000 SF

      14174 Nc Hwy 55

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      14174 Nc Hwy 55, Bayboro, NC 28515
      View Details

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    405 Spencer St
    Bayboro, NC 28515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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